SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2016

Selected Quarterly Financial Information [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

Results of operations on a quarterly basis for the years ended December 31, 2016, 2015 and 2014 were as follows (dollars in thousands except for per share data):

	Year Ended December 31, 2016
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Interest income	$	95,301	$	97,321	$	97,849	$	101,007
Interest expense	4,258		4,173		4,141		3,836
Net interest income before provision for loan losses	91,043		93,148		93,708		97,171
Provision for loan losses	—		2,000		2,000		2,030
Net interest income	91,043		91,148		91,708		95,141
Non-interest income	19,959		20,537		23,512		19,463
Non-interest expense	84,034		79,887		79,092		79,857
Income before provision for income taxes	26,968		31,798		36,128		34,747
Provision for income taxes	9,194		10,841		12,277		11,943
Net income	$	17,774	$	20,957	$	23,851	$	22,804
Basic earnings per share	$	0.52	$	0.62	$	0.70	$	0.69
Diluted earnings per share	0.52		0.61		0.70		0.69
Dividends declared	0.21		0.21		0.23		0.23

	Year Ended December 31, 2015
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Interest income	$	49,069	$	54,076	$	54,793	$	96,495
Interest expense	2,533		2,619		2,605		4,396
Net interest income before provision for loan losses	46,536		51,457		52,188		92,099
Provision for loan losses	—		—		—		—
Net interest income	46,536		51,457		52,188		92,099
Non-interest income	13,696		16,141		14,098		18,356
Non-interest expense	41,914		47,734		46,697		100,254
Income before provision for income taxes	18,318		19,864		19,589		10,201
Provision for income taxes	6,184		6,615		6,642		3,308
Net income	$	12,134	$	13,249	$	12,947	$	6,893
Basic earnings per share	$	0.61	$	0.64	$	0.62	$	0.20
Diluted earnings per share	0.61		0.64		0.62		0.20
Dividends declared	0.18		0.18		0.18		0.18

	Year Ended December 31, 2014
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Interest income	$	45,106	$	46,540	$	49,764	$	49,251
Interest expense	2,767		2,732		2,700		2,590
Net interest income before provision for loan losses	42,339		43,808		47,064		46,661
Provision for loan losses	—		—		—		—
Net interest income	42,339		43,808		47,064		46,661
Non-interest income	9,032		20,310		13,536		12,113
Non-interest expense	35,581		38,435		38,495		41,230
Income before provision for income taxes	15,790		25,683		22,105		17,544
Provision for income taxes	5,241		8,696		7,284		5,831
Net income	$	10,549	$	16,987	$	14,821	$	11,713
Basic earnings per share	$	0.55	$	0.88	$	0.76	$	0.60
Diluted earnings per share	0.54		0.88		0.76		0.60
Dividends declared	0.18		0.18		0.18		0.18